Search results for "MO"
Today
16:12

XRP Surges 24,602% Despite Ripple's Ongoing Sales — Debate Reignites Over Token Dump Claims

Viral thread claims Ripple sells XRP monthly to fund operations and dilute holders. It cites 100B total supply, 55B locked, 1B/month release, 70–80% relocked, and 200–300M XRP for ops (~$400M/mo); critics say price tracks Bitcoin and escrow dilution fades. Abstract: The article examines claims that Ripple systematically sells XRP to fund operations, detailing the tokenomics (100B XRP, 55B in escrow with 1B/mo release and relocking, 200–300M for ops) and presenting counterarguments that XRP price movements align more with Bitcoin, not ongoing sales, while escrow shrinkage reduces future dilution and XRP has posted large gains since inception.
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XRP2,1%
BTC4,61%
07:16

South Korea's Tax Authority Introduces Crypto Tracking Software to Monitor Tax Evasion, Including Non-Custodial Wallets

Gate News message, April 21 — South Korea's National Tax Service announced on April 15 that it plans to deploy crypto asset tracking software from firms including Chainalysis and TRM Labs to monitor cryptocurrency transactions in real time, trace hidden assets of suspected tax evaders, and combat mo
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BTC4,61%
ETH4,08%
XRP2,1%
11:41

The number of digital renminbi wallets in Hong Kong has reached 80,000, with the number of merchants increasing more than 16 times in a year.

On March 26, Hong Kong Financial Secretary Paul Chan Mo-po stated that the People's Bank of China and the Hong Kong Monetary Authority are exploring the feasibility of upgrading the digital yuan wallet to enhance usage limits and user experience. Currently, Hong Kong has opened 80,000 digital yuan wallets, with the number of accepting merchants increasing to 5,200, covering multiple consumption sectors.
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10:34

Paul Chan: Blockchain, AI, and other technologies empower financial services, creating a more efficient trading system

Odaily Planet Daily News: Hong Kong Financial Secretary Paul Chan Mo-po published a column titled "‘AI+’ and ‘Finance+’ Mutual Promotion," in which he pointed out that we are currently at a critical stage of technological innovation. Artificial intelligence is not only a core technology of the future but also a powerful force capable of impacting thousands of industries. Innovation in financial services itself further helps expand the real economy, break through pain points, and increase volume. Technological innovations such as AI and blockchain are continuously empowering financial services, creating more efficient and convenient trading systems, and opening new channels for trade, fundraising, risk management activities, and more for different enterprises.
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04:03

Paul Chan: The first stablecoin issuer licenses will be issued in March, and a draft of the digital asset policy ordinance will be submitted within the year.

Hong Kong Financial Secretary Paul Chan Mo-po revealed in the 2026 Financial Budget that the government will submit a draft digital asset policy regulation to establish a licensing system to regulate digital asset trading and custody services. At the same time, the Securities and Futures Commission will safeguard investors' rights, promote market liquidity, and foster innovation.
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01:47

Chan Maobo: Hong Kong expects to issue stablecoin licenses later this year

Odaily Planet Daily reports that Financial Secretary Paul Chan Mo-po stated at the World Economic Forum Annual Meeting that Hong Kong adopts an active yet cautious approach to developing digital assets, promoting market development under the principles of the same activities, same risks, and same regulation. Since 2023, Hong Kong has issued licenses to 11 virtual asset trading platforms and is expected to issue a stablecoin license later this year. Additionally, the SAR government has issued three batches of tokenized green bonds totaling approximately $2.1 billion and launched a regulatory sandbox to encourage application innovation. (Hong Kong Economic Journal)
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11:37

Chan Maobo: The "Port Community" system utilizing blockchain and AI technology has been officially launched

Odaily Planet Daily reports that Hong Kong Financial Secretary Paul Chan Mo-po revealed in his secretary's essay that the important digital infrastructure "Port Community System"(Port Community System) led by the Hong Kong government has officially launched, with over 2,300 companies participating. This system utilizes artificial intelligence and blockchain technology to provide a one-stop, 24/7 real-time cargo tracking service, supporting trade finance innovation.
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